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Milford, Connecticut Demographics & Population 2026

During the 2020–2024 ACS period, Milford, Connecticut had a total population of 51,023, the 13th largest city in Connecticut, with a median household income of $111,201, which is 16% higher than the state average. The poverty rate is 5.2%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Milford Quick Facts

Population 51,023
Median Household Income $111,201
Median Home Value $415,200
Poverty Rate 5.2%
Unemployment Rate 4.4%
Median Age 46.3 years
Homeownership Rate 75.5%
Affordability Ratio 3.7x
Bachelor's Degree or Higher 50.3%
High School Graduation Rate 96.5%
Diversity Index 35/100
Population 51,023 13th of 214
Median Income $111,201 average
Poverty Rate 5.2% 59% lower than national
Median Home Value $415,200 average

How Milford Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population50,74951,023+0.5%
Median household income$110,126$111,201+1.0%
Median home value$377,400$415,200+10.0%

How Milford Compares

Economy & Housing

Household Income Distribution

Under $25K 8.3%
$25K-$50K 12.2%
$50K-$100K 25.0%
$100K+ 54.5%
Detailed income brackets
Under $10K
2.8%
$10K-$15K
2.5%
$15K-$20K
1.6%
$20K-$25K
1.4%
$25K-$30K
1.9%
$30K-$35K
2.1%
$35K-$40K
2.6%
$40K-$45K
3.5%
$45K-$50K
2.2%
$50K-$60K
3.5%
$60K-$75K
7.9%
$75K-$100K
13.6%
$100K-$125K
9.5%
$125K-$150K
9.5%
$150K-$200K
13.4%
$200K+
22.1%

Employment

4.4% Unemployment Rate State: 5.6%|National: 5.2%
68.7% Labor Force Participation

Housing Overview

Owner 75.5%
Renter 24.5%
Affordability Index Affordable
3.7x home value to income ratio
Median gross rent $1,882/mo 20.3% of median household income annually

People & Demographics

Diversity Index

35out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 57 | National average: 61

Education

Milford Rankings in Connecticut

#13 Population of 214
#95 Median Income of 204
#104 Education of 214
#91 Home Value of 205

Explore Connecticut Rankings

Cities by Population All cities ranked by size Richest Cities Ranked by median income Most Educated By bachelor's degree rate Most Affordable By housing affordability

Cities Similar to Milford

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Shelton41,889$108,185$452,60041.8%6.6%
East Hartford50,918$70,778$229,70017.2%13.2%
Middletown47,958$79,438$295,30040.2%12.0%
West Haven55,351$74,382$291,70030.5%14.1%
West Hartford63,620$129,890$411,00066.6%6.3%

Population Overview

Milford is a mid-sized community located in Connecticut. The total population is 51,023. It ranks as the 13th most populous out of 214 Census-designated places in Connecticut.

Age Demographics

The median age in Milford is 46.3 years. This is 13% higher than the state median of 41.1 years.

Economy, Income & Housing

The median household income in Milford is $111,201. This is 16% higher than the state median of $95,781. It is also 38% higher than the national median of $80,734. The poverty rate stands at 5.2%. This is 49% lower than the state poverty rate of 10.0%. The unemployment rate is 4.4%. This is 21% lower than the state rate of 5.6%. The median home value is $415,200. Housing costs are 13% higher than the state median of $366,900. The home-value-to-income ratio is 3.7x. 75.5% of occupied housing units are owner-occupied. This homeownership rate is 14% higher than the state average of 66.5%.

Race & Ethnicity

The largest racial or ethnic group in Milford is White (non-Hispanic), making up 80.2% of the population. Hispanic or Latino residents account for 9.5%. The Black or African American population (3.0%) is well below the state average of 9.8%.

Education

50.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 18% higher than the state rate of 42.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.5%. Notably, 21.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Milford, Connecticut is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Connecticut state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 214 Census-designated places in Connecticut. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Milford, Connecticut?

Milford, Connecticut has a population of 51,023 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Milford, CT?

The median household income in Milford is $111,201, which is 38% higher than the national median of $80,734.

What is the poverty rate in Milford, CT?

The poverty rate in Milford is 5.2%. This means approximately 2,612 residents live below the federal poverty line.

What is the racial makeup of Milford, Connecticut?

Milford's population is 80.2% White, 3.0% Black, 9.5% Hispanic/Latino, and 3.6% Asian.

What is the median home value in Milford, CT?

The median home value in Milford is $415,200. The home-value-to-income ratio is 3.7x.

How educated is Milford, Connecticut?

50.3% of adults (25+) in Milford hold a bachelor's degree or higher, and 21.3% hold a graduate or professional degree.